‘Big Data for Little Computers’ Firm Sisense Raises $30 Million

SiSense, a business intelligence company from Tel Aviv, Israel, has secured a $30 million investment round led by DFJ Growth, the late-stage investment arm of California-based venture-capital firm Draper Fisher Jurvetson (DFJ).

Some of its customers include Target, eBay Inc., ESPN, Samsung Electronics and Wix.Com.

In 2012, SiSense demonstrated how a $1,000 laptop can crunch and visualize a terabyte of data using its technology.

The company’s most prominent competitors are Tableau Software and Qlik. After going public in 2013 Tableau’s market capital now stands at $4.26 billion. Qlik, a Swedish company founded in 1993, now has a market cap of over $2 billion.

In 2010 SiSense moved to its current offices overlooking Tel-Aviv’s new port. Having grown from a 30 person operation in 2012 to nearly a 90 strong company with offices in New-York, it now seeks to expand again and intends to open new offices in the US and Europe.